Real Estate Valuation Theory : A Critical Appraisal
Softcover reprint of the original 1st ed. 2016
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Thismonograph critically reviews and updates real estate valuation theory, which isbased on neoclassical economics, in light of developments in heterodox economictheory. Building on a comprehensive historical account of the evolution ofvalue theory, the book uses new institutional economics theory and criticalrealism as lenses through which problems in standard valuation theory andpractice are expatiated, and as the foundation for an alternative theory. Thenew theory is employed to explain major problems in real estate valuation thatare beyond the capability of the standard theory, such as price bubbles in realestate markets, anchoring bias, client influence andvaluation under uncertain market conditions.
Get Real Estate Valuation Theory by at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Springer-Verlag Berlin and Heidelberg GmbH & Co. KG and it has pages.
